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01-15-2015, 11:47 PM | #1 |
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Lease offer opinions
Received a different quote from a different dealer today and was hoping some members can chime in on whether they think this is a good deal or i should continue negotiating?
Quote 1: 2015 535i X-drive MSRP - $63,000 Sale Price - $56,700 (dealer invoice appears to be $58,600) MF - .0013 Residual - 62% Premium package Cold weather package Backup Camera PDC No money down and no MSD (not allowed in NY) $576.80/month before tax (i will pay tax upfront) 39 month lease and 10k miles per year. $3,482 due at signing (tax, acquisition fee and first month) Quote 2: 2015 535i X-drive MSRP - $63,875 Sale Price - $57,955 (dealer invoice appears to be $59,395) MF - .0013 Residual - 62% Premium package Cold weather package Backup Camera PDC Harmon Kardon No money down and no MSD (not allowed in NY) $595.00/month before tax (i will pay tax upfront) 39 month lease and 10k miles per year. I want to see if i can further negotiate down to $575/month but not sure if that is even reasonable. Any thoughts? Last edited by Ph0zenstone; 01-17-2015 at 06:50 PM.. |
01-16-2015, 02:01 AM | #2 |
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Why prepay tax? My understanding is that if u total the car a week into the lease ur out the prepaid tax where as if U pay it monthly U only pay for the time U have it...
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01-16-2015, 07:22 AM | #3 | |
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Quote:
But isnt rolling the tax into the monthly payments essentially financing my taxes and therefore paying interest? Any thoughts on the deal itself? |
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01-16-2015, 09:20 AM | #4 |
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Where in NY are you? I'm close to NY, in CT abt 5 mins from the border and recently just got a 5 series. I think you can probably squeeze out a little more of a reduction. PM me and I can give you the name of the guy I used who can tell you if he can do any better on your car.
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01-16-2015, 06:53 PM | #5 |
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Pm'ed you. I also got a call from another dealer about a CPO 2014 535 M-Sport that i was inquiring about. Car is fully loaded with m-sport, premium, cold, dynamic suspension, and driver assistance package. They are offering me $540/month for this CPO 535 xdrive with original MSRP of $72K and 9K miles. So it's either
A) New 2015 535xi MSRP $63K for $598 per month B) CPO 2014 535xi MSRP $72K (dealer asking $56K) for $540 per month |
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01-16-2015, 07:13 PM | #7 |
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01-16-2015, 08:16 PM | #8 |
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If you are leasing and have no plans on buying out after lease is over, I'd get the 2014 and save a couple of bucks plus get the msport.
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01-17-2015, 12:42 PM | #10 |
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